Why is Symphony falling/rising?

As of 18-Jul, Symphony Ltd. is experiencing a decline in its stock price, currently at Rs 1,159.90, reflecting a decrease of Rs 17.4 or 1.48%. The stock has underperformed its sector by 1.74% today and has been on a consecutive downward trend for the last two days, with a total decline of 2.08%. Despite a positive performance over the past month with a return of 5.93%, the year-to-date performance shows a significant drop of 13.71%. The stock is currently trading above its 20-day moving average but below its 5-day, 50-day, 100-day, and 200-day moving averages, indicating mixed short-term momentum. Additionally, the rising investor participation, with a delivery volume increase of 130.85% against the 5-day average, suggests some interest despite the price drop.
In the broader market context, Symphony's recent performance contrasts with the Sensex, which has shown a slight decline of 0.90% over the past week. While Symphony's short-term return has been positive, the year-to-date performance starkly contrasts with the Sensex's gain of 4.63%. The company's strong management efficiency, indicated by a high return on equity (ROE) of 16.86% and a low debt-to-equity ratio, supports its valuation. However, the stock is trading at a premium compared to its peers, and the PEG ratio of 4.1 suggests that the stock may be overvalued relative to its growth prospects. This combination of factors may contribute to the current downward pressure on the stock price.